Avery Dennison (AVY) Return on Capital Employed (2010 - 2026)

Avery Dennison (AVY) posted quarterly Return on Capital Employed of 18.7% for Q1 2026, down 199.0% YoY from 18.89% in Q1 2025, and up 2.85% sequentially from 18.18% in Q4 2025.

Avery Dennison (AVY) Return on Capital Employed (2010 - 2026) Analysis & Trends

Avery Dennison has disclosed Return on Capital Employed across 17 years of filings, most recently posting 18.7% for Q1 2026.

  • In Q1 2026, Return on Capital Employed fell 199.0% year-over-year to 18.7%; the TTM figure through Mar 2026 stood at 18.7% (down 199.0% YoY), while the FY2025 annual figure was 18.89%, down 160.0% from the prior year.
  • Return on Capital Employed improved to 18.7% in Q1 2026, from 18.18% in the prior quarter.
  • Over the last five years, Return on Capital Employed for AVY reached as high as 27.53% in Q4 2022 and fell as low as 16.29% in Q3 2023.
  • The 5-year median for Return on Capital Employed is 20.67% (2022), against an average of 20.84%.
  • Annual changes were most pronounced in 2023 — Return on Capital Employed sank 1121 bps — and 2024, when it soared 549 bps.
  • A 5-year view of Return on Capital Employed shows it stood at 20.66% in 2022, then dropped by 15 bps to 17.61% in 2023, then increased by 14 bps to 20.04% in 2024, then decreased by 9 bps to 18.18% in 2025, then climbed by 3 bps to 18.7% in 2026.
  • According to Business Quant data, Return on Capital Employed over the past three periods registered 18.7%, 18.18%, and 18.92% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Ball 88.75 Bn 87.87 Bn 646.00 Mn 11.46%
2 International Paper 24.05 Bn 22.75 Bn 1.73 Bn 5.64%
3 Avery Dennison 12.53 Bn 12.27 Bn 664.80 Mn 18.70%
4 Crown Holdings 12.47 Bn 12.38 Bn 644.00 Mn 15.18%
5 Reynolds Consumer Products 5.71 Bn 5.64 Bn 207.00 Mn 12.65%
6 Sonoco Products 5.57 Bn 5.37 Bn 345.63 Mn 12.31%
7 Silgan Holdings 4.87 Bn 4.43 Bn 265.78 Mn 8.48%
8 Graphic Packaging Holding 3.15 Bn 2.96 Bn 306.00 Mn 6.25%
9 Ardagh Metal Packaging 2.81 Bn 2.81 Bn 179.00 0.00%
10 Greif 1.96 Bn 1.76 Bn 257.30 Mn 8.54%

Historic Data

Download Data
DateValue
Mar 31, 2026 18.70%
Dec 31, 2025 18.18%
Sep 27, 2025 18.92%
Jun 28, 2025 20.76%
Mar 29, 2025 20.69%
Dec 28, 2024 20.04%
Sep 28, 2024 21.82%
Jun 29, 2024 21.66%
Mar 30, 2024 20.77%
Dec 30, 2023 17.61%
Sep 30, 2023 16.33%
Jul 1, 2023 16.29%
Apr 1, 2023 18.28%
Dec 31, 2022 20.66%
Oct 1, 2022 27.53%
Jul 2, 2022 27.00%
Apr 2, 2022 25.12%
Jan 1, 2022 24.68%
Oct 2, 2021 30.15%
Jul 3, 2021 31.67%